Cross-border confusion
Despite demand from investors for retail structured products, international growth is being hindered by regulatory anomalies. Peter Green and Jeremy Jennings-Mares explain
The European market for retail structured products has enjoyed rapid and high-profile growth in recent years, and this looks set to continue despite the current liquidity crunch. Yet, while there is undoubtedly demand from retail investors for these complex financial instruments, the lack of a unified approach to regulation by the European markets has put a question mark over whether there will ever be a truly international retail market for them.
However, the development of the market as a
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